Ann: Southern Cooper Basin Gas Project Operations Update, page-11

Jake, there are some good reasons why they could be keeping flow rates to themselves at this point (I wont elaborate but I am sure they would field your call if you wanted to find out), and they have told the market that they are not going to release them at this point in proceedings. I actually think it isn't of benefit to the market to know those flow rates this early in the play anyway. For example when Real energy released these figures today has that encouraged or discouraged you from investing in that company ? Maybe from a management transparency perspective it helps but I am not sure it helps with anything else ? It is way to early in that play also to know whether those rates are important or not longer term.

The other thing to remember is that what flow rates might be commercial for one company may not be for another.
And I note that you talk about Real Energy's deep coal wells - are you sure they are deep coals they are testing ? they talk about basin centred gas and the depths are >3000m. This suggests to me they are on the same, or similar, play as the Chevron / BPT / ICN plays of deep shale in the QLD side of the Nappamerri trough. If that is the case then 0.2mmscf/d is a LONG LONG way from being commercial. Whereas 0.2mmscf/d at this early stage from STX may actually be quite ok given peak flows from coal are likely to come after 12-24 months.

I agree that flow rates are important, but I am not sure they are that important at this stage of the development.

IMO